Do I need a real estate agent to buy a home in Wilmington NC?

While not legally required, working with a local buyer's agent costs you nothing as a buyer in North Carolina — the seller typically covers both agent commissions. Given the complexity of contracts, due diligence periods, and local market nuance, having an experienced Wilmington real estate agent on your side is strongly advisable. Contact our team to speak with one of our agents before you begin your search.

How long does it take to buy a home in Wilmington NC?

From accepted offer to closing, most transactions in North Carolina close within 30 to 45 days. The due diligence period — during which inspections, financing, and negotiations occur — typically runs two to three weeks. Finding the right property can take anywhere from a few weeks to a few months depending on your criteria and current market conditions.

What is the due diligence fee in North Carolina?

North Carolina uses a unique due diligence system where buyers pay a non-refundable fee directly to the seller in exchange for an agreed period to inspect the property and conduct their research. The amount is negotiable and varies by property value and market conditions. Your Wilmington Realty agent will advise you on what is appropriate for any specific offer.

Can I buy a property and have Wilmington Realty manage it for me?

Yes — this is one of our most common arrangements. Our sales agents assist with the purchase, and once you close, our property management team takes over immediately. You have one point of contact for the full lifecycle of your investment.

How do I get a free home valuation in Wilmington NC?

You can request a free, no-obligation home valuation using the form on this page or by calling Wilmington Realty directly at (910) 477-2447. One of our agents will review comparable sales in your area and provide a realistic market value assessment, typically within 48 hours.

What areas does Wilmington Realty serve for real estate sales?

Wilmington Realty serves the greater Wilmington NC area including all of New Hanover County (Wilmington, Wrightsville Beach, Downtown Wilmington, Historic District, Porter's Neck, Monkey Junction, Kings Grant, Ogden, Castle Hayne, Myrtle Grove, and more), Brunswick County (particularly Leland), and Pender County (including Hampstead).

Why use Wilmington Realty to sell my investment property?

Wilmington Realty's unique position as both a property management company and a real estate brokerage means we have an established pool of investors actively looking to purchase rental properties. We can often match sellers with buyers from within our own inventory, resulting in faster sales, fewer days on market, and smoother tenant transitions.

6741 HWY 70 E, Newport, NC 28570 (MLS# 11502810)

Your search results

$1,500,000

6741 HWY 70 E
Newport, NC 28570
MLS# 11502810
Status: Closed
120 baths

1 / 1

Property Description
125 Unit extended-stay lodging facility known as Hostess House Motel located in Newport. Great revenue with good history Lease Terms: extended stay Construction: Some mobile units Flooring: several types Heating System: PTAC units Roof: multi types

Details

Maps

Building/Ext Features

# of Restrooms: 120

Lot Acres: 6.9

Lot SqFt: 300564

SqFt - Apx Total: 0

Location Type: Mainland

Contract Info

Sale/Lease: Sale

Status: Closed

Marketing Start Date: 2015-06-01

Listing Price: 1900000

Current Price: $1,500,000

Location Information

Marketing City: Newport

Secondary Subdivision: N/A

Street #: 6741

Street Name: HWY 70

Post Direction: E

County: Carteret

State/Province: NC

Zip Code: 28570

Subdivision: Not In Subdivision

Geo Lat: 34.777963

Geo Lon: -76.873481

Remarks and Showing

Sign on Property: Yes

Directions to Property: Intersection of HWY 70 East and Roberts Road

Legal and Taxes

Tax Identifier: 633820804950000

C & I Features

None: 1

Lease Terms

See Remarks: 1

Construction

See Remarks: 1

Exterior Finish

See Remarks: 1

Terms

Cash: 1

Flooring

See Remarks: 1

Sale/Lease Includes

Buildings: 1

Furniture: 1

Land: 1

Roof

See Remarks: 1

Road Type/Frontage

Paved: 1

Cooling

Wall/Window Unit(s): 1

Location

Corner: 1

Heating

Other: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Status Change Info

Under Contract Date: 2015-06-09

Sold Price: $1,500,000

Sold Date: 2015-09-10

Property Features

Construction: See Remarks

Exterior Finish: See Remarks

Flooring: See Remarks

Roof: See Remarks

Location: Corner

Cooling: Wall/Window Unit(s)

Heating: Other

Utilities: Water Available

Water Source: Municipal Water

Terms: Cash

Lease Terms: See Remarks

IDX

Listing Office: Hamad Realty

Last Updated: August - 01 - 2019

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